Today in the news: JPMorgan CEO gets $23 million

Wednesday

May 16, 2012 at 12:01 AMMay 16, 2012 at 4:00 PM

Your daily news briefing, with the video of the day, the top news and the quote of the day.

Quote of note

"This should never have happened. I can't justify it. Unfortunately these mistakes were self inflicted." – JPMorgan Chase CEO Jamie Dimon, talking to shareholders about the $2 billion trading loss that the company suffered. Despite the big loss, shareholders approved a $23 million package for Dimon.

News to know

A mother shot her four children and then killed herself this morning in Florida, police said. The children – ages 12, 13, 15 and 17 – were all killed. At one point this morning, three of the children went to a neighbor’s house, but their mother called them home and then shot them.

Hot video: Hyundai speeds up suddenly, causes pileup

GateHouse News Service

Never miss a story

Choose the plan that's right for you.
Digital access or digital and print delivery.